9283 Acadia Pl

Cordova, TN 38018
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3 bd, 2 ba | 1,542 sqft | Built in 2017

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List Price
$240,000

Initial Investment

$62,675

Purchase Price

$230,000

Down Payment

25%

Rent

$1,450

Total Return

$120,634

Annualized Return

22.8%

Cap Rate

4.2%

Gross Yield

7.6%

Cash Flow

-$3,205

Appreciation

10.0%
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Features

Occupancy

Occupied

Lease Start

09/01/2019

Lease End

05/31/2023

Lot Size

6,075

HOA

$15/mo

Flood Risk

Not Required

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$16,530

Expenses

-$3,930

Property Taxes

-$3,300

Loan Payments

-$12,504

Net Cash Flow

-$3,205

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